**Standout Features:**
- Ground floor, one-bedroom flat in North Shields
- Current rental income of £440 per month
- Spacious living areas with modern decor
- Close proximity to Tynemouth Village and local amenities
- Double glazing for improved energy efficiency
- Renovation potential throughout the property
- Affordable council tax
**Potential Concerns:**
- Requires renovation to modernize and enhance value
- Located in an area with high crime rates and significant deprivation
Discover this promising investment opportunity in a popular residential area of North Shields. This one-bedroom ground floor flat boasts spacious living areas and is currently achieving a rental income of £440 per month, making it an attractive prospect for investors looking to expand their portfolio. The flat, built in 1890, features double glazing, a sizable kitchen with fitted cabinetry, and comfortable living and dining spaces.
While the property is in need of renovation, the potential to modernize and enhance value is substantial. It is ideally situated near local amenities, including the charming Tynemouth Village and the picturesque marina, alongside convenient access to Newcastle city center. This flat represents a unique opportunity to capitalize on rental demand in an area that’s becoming increasingly desirable. Don’t miss out on a chance to invest in your future!
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